By The Canadian Press on June 8, 2024.
The National Hockey League’s team salary cap is getting a significant boost, increasing by $4.5 million to US$88 million next season. The league and NHL Players’ Association announced the cap number for the 2024-25 season on Saturday. It’s the first significant increase in years, following modest $1 million raises to $82.5 million for 2022-23 and $83.5 million for 2023-24, reflecting the financial impact of the pandemic. The cap floor for next season will be $65 million. This report by The Canadian Press was first published June 8, 2024. 6